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The Characteristics Associated with Student - page 58 / 94

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58 / 94

1,920

92.0

168

8.0

2,088

851

93.5

59

6.5

910

712

96.0

30

4.0

742

1,348

94.3

82

5.7

1,430

1,103

95.5

52

4.5

1,155

1,515

96.1

62

3.9

1,577

1,092

96.6

39

3.4

1,131

1,155

97.2

33

2.8

1,188

1,189

97.6

29

2.4

1,218

1,291

96.6

46

3.4

1,337

12,176

95.3

600

4.7

12,776

borrowers from the poorest families default at the highest rates, while borrowers from the highest income families have the lowest default rates. This is a pattern that will be seen in several of the other variables of this section. This variable has the strongest association to default of any variable in the financial aid section.

As with EFC, borrowers who have higher values of Total Family Contribution tend to have lower default rates. And again like the EFC variable, borrowers with zero TFC have the highest default rates (7.2 percent), suggesting that low income borrowers struggle with repayment more often than borrowers from higher income families. Though the relationship in the table below largely reflects the association between EFC and default, it is nevertheless a weaker relationship.

Expected Family Contribution

Zero 1-500 501-1,000 1,001-2,000 2,001-3,000 3,001-5,000 5,001-7,000 7,001-10,000 10,001 and higher Missing All Undergraduates

Total Family Contribution (TFC)

Total

% of

% of

row

N

row

N

No

Default

Yes

21

100.0

0

0.0

21

2,796

92.8

217

7.2

3,013

918

93.7

62

6.3

980

801

96.2

32

3.8

833

1,382

95.2

70

4.8

1,452

1,113

95.6

51

4.4

1,164

55

Total Family Contribution

Less than zero Zero 1-500 501-1,000 1,001-2,000 2,001-3,000

Total

N

% of row

Yes

No

Default

N

% of row

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